What are foreign currency fees on my Bird Payments?
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Two types of foreign currency fees can be charged on the relevant transactions, applicable to both card and local payment methods.
These two fees are mutually exclusive, so you will only be charged for either:
a foreign currency settlement fee or
a foreign currency conversion fee
Your home currency also determines these fees, the transaction currency and the settlement currency.
1. Local currency: The currency based on your account region and location. More details on the list of countries and their local currency can be found
2. Transaction currency: This is what your customers see, transact and pay in at the checkout (e.g. on Payment Links)
3. Settlement currency: This is the currency that will settle into your Bird
Where like-for-like is supported, this will be the same as the transacting currency.
Where like-for-like is not supported, the transaction will be converted into your settlement currency.
Description
When does this apply
Foreign currency settlement fee
On non-local currency transactions, with like-for-like settlement
Foreign currency conversion fee
On non-local currency transactions, where like-for-like settlement is not supported and requires currency conversion to settle into your settlement currency
The available settlement currencies depend on the payment method used.
For the full list of available settlement currencies, see the list .